News content
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Datang Environment Industry Group Co, a unit of state-owned China Datang Group, is seeking to list in Hong Kong, tapping Citic CLSA Securities and Morgan Stanley as joint sponsors.
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Ascendas Real Estate Investment Trust (Reit) is looking to raise capital for a planned acquisition in Australia, wooing investors in the Singapore dollar hybrid market.
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China Reinsurance Corp and China Huarong Asset Management have kicked off the investor education phase of their respective Hong Kong IPOs, with both targeting multi-billion dollar offerings.
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Chinese property developer Gemdale Corp has completed the buyback of three bonds, securing drastically different results for the dollar and renminbi-denominated portions.
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Luxembourg’s local fund industry association published a guide for institutions who want to join the RMB qualified foreign institutional investor (RQFII). It comes after the country was awarded a quota of Rmb50bn in April 2015.
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India’s Power Finance Corp, which sent out a request for proposal for a $360m-equivalent yen loan in September, has chosen one bank as mandated lead arranger and bookrunner.
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With the world’s top financiers and policy makers ready to descend on Lima for the annual meetings of the IMF and World Bank this week, Peruvian finance minister Alonso Segura has said that the South American sovereign is likely to issue more frequently in international bond markets.
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Dongfeng Motor Group is set to meet investors ahead of what will be its first offshore bond. The company has opted for a euro deal as it aims to use proceeds to pay back part of a bridge loan in that currency.
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People’s Bank of China (PBoC) has lifted the threshold for multinational corporations (MNCs) to use the cross-border cash pooling scheme across China. The scheme had originally been introduced in the Shanghai pilot free trade zone (FTZ) in early 2014.
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Brazilian meatpacker Marfrig Global Foods has hired Braskem’s popular head of investor relations to lead its investor relations and strategic planning departments.
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ANZ and CIMB impress in this year’s Asiamoney’s Fixed Income Poll with ANZ topping the categories for regional credit and interest rates, while the Malayisan bank comes first in regional commodities services.
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Chinese company Minsheng Financial Leasing has cut the size of its onshore loan to $150m, a move that has seen it reduce the tenor and save on pricing with its revamped deal.